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(AlokInds) Alok Inds complete technical analysis [charts+indicators] | Buy/Sell Alok Inds | (AlokInds) share price targets

Complete technical analysis of Alok Inds (AlokInds) by charts plus indicators, forecast predictions and share price targets for Alok Inds (AlokInds)

Showing technical analysis as on 2024-02-15 View latest technical analysis

10 day averaged volume of Alok Inds is 1025482

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	29.37	29.48	29.80	29.20	0.412 times
14 Wed Feb 2024	28.99	29.09	29.09	28.10	0.776 times
13 Tue Feb 2024	29.15	28.07	29.50	27.14	1.436 times
12 Mon Feb 2024	28.56	30.04	30.30	28.42	1.412 times
09 Fri Feb 2024	29.91	30.65	31.05	29.30	1.152 times
08 Thu Feb 2024	30.58	31.00	31.20	30.50	1.018 times
07 Wed Feb 2024	30.84	30.54	31.50	30.54	0.637 times
06 Tue Feb 2024	30.54	30.59	31.50	30.00	0.88 times
05 Mon Feb 2024	30.44	31.13	31.80	30.00	0.869 times
02 Fri Feb 2024	31.13	31.75	32.15	31.05	1.261 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.7, but if it comes above 29.7, then a intra day buy could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 28.2 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 30.87 as target.

Share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Target	16.12
Downside Target	17.12
Downside Target	19.52
Downside Target	20.50
Downside Target	21.02
Downside Target	22.54
Downside Target	24.90
Downside Target	27.14
Downside Target	29.06
Upside Target	30.95
Upside Target	31.80
Upside Target	32.90
Upside Target	33.59
Upside Target	35.86
Upside Target	39.24

Intraday share price targets for Alok Inds (AlokInds)

Target Type	Value
Downside Intraday Target	27.57
Downside Intraday Target	25.78
Upside Intraday Target	30.73
Upside Intraday Target	32.1
Downside Intraday Target	28.94

Weekly technical analysis of Alok Inds (AlokInds)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	29.37	30.04	30.30	27.14	0.886 times
09 Fri Feb 2024	29.91	31.13	31.80	29.30	0.469 times
02 Fri Feb 2024	31.13	32.49	32.90	30.95	0.505 times
25 Thu Jan 2024	32.25	32.50	33.59	29.06	0.641 times
19 Fri Jan 2024	31.92	35.21	35.86	29.85	0.465 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Alok Inds (AlokInds)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	29.37	32.90	32.90	27.14	0.047 times
31 Wed Jan 2024	32.48	21.35	39.24	21.02	1.905 times
29 Fri Dec 2023	21.33	19.76	24.90	19.52	1.45 times
30 Thu Nov 2023	19.69	17.42	22.54	17.12	1.638 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Alok Inds (AlokInds)

Price action analysis of Alok Inds ( (AlokInds) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Alok Inds ( (AlokInds) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alok Inds ( (AlokInds) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Alok Inds ( (AlokInds) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Alok Inds stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Alok Inds in short term but the sell signal is initial and weak.

Alok Inds Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Alok Inds in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Alok Inds is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.9 and Alok Inds (AlokInds) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Alok Inds (AlokInds) stock. Volume based technical analysis of Alok Inds (AlokInds) stock is negative.

Alok Inds Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.